Taxation Administration Act 1953

SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES  

Note: See section 3AA .

Chapter 3 - Collection, recovery and administration of other taxes  

PART 3-19 - NEWS MEDIA BARGAINING CHARGE  

Division 129 - General provisions relating to the news media bargaining charge  

Operative provisions  

SECTION 129-10   WHEN NEWS MEDIA BARGAINING CHARGE AND RELATED CHARGES ARE DUE AND PAYABLE  
Original assessments

129-10(1)    
If you are liable to pay an amount of * news media bargaining charge for a financial year, the amount is due and payable 21 days after the day the Commissioner gives you a notice of assessment for the financial year.

Amended assessments

129-10(2)    
If the Commissioner amends your assessment of an amount of * news media bargaining charge, any extra charge resulting from the amendment is due and payable 21 days after the day the Commissioner gives you notice of the amended assessment.

Shortfall interest charge

129-10(3)    
If you are liable to pay an amount of * shortfall interest charge under section 280-102G , the amount is due and payable 21 days after the day the Commissioner gives you notice of the charge.

General interest charge

129-10(4)    
If an amount of:

(a)    * news media bargaining charge; or

(b)    * shortfall interest charge;

payable under this section remains unpaid after it is due and payable, you are liable to pay * general interest charge on the unpaid amount for each day in the period that:

(c)    started at the beginning of the day by which the amount was due to be paid; and

(d)    finishes at the end of the last day at the end of which any of the following remains unpaid:

(i) the amount of news media bargaining charge or shortfall interest charge;

(ii) general interest charge on any of the amount of news media bargaining charge or shortfall interest charge.